Grading the market correction | White House warns about jobs report | Cramer's buy list

After a wild week of sharp reversals, stocks are likely to remain volatile in the week ahead as earnings roll out from dozens of companies, including Amazon and Alphabet. The week is also busy with economic releases, the most important of which is Friday's January employment report.

VIEW IN BROWSER | SUBSCRIBE SAT, JAN 29, 2022 WEEKEND BRIEF EDITOR'S NOTE After a wild week of sharp reversals, stocks are likely to remain volatile in the week ahead as earnings roll out from dozens of companies, including Amazon and Alphabet. The week is also busy with economic releases, the most important of which is Friday's January employment report.   All economic data will be even more important now that the Federal Reserve is on a path to raising interest rates. The Fed this past week added to the market's big moves when it announced it could raise interest rates soon, and Fed Chairman Jerome Powell signaled the central bank could raise them even faster than the four times the market has been expecting.   Both the Dow and S&P 500 ended the week with gains, despite big intraday swings in both directions. The Nasdaq was flat. Now investors will watch to see if the next batch of data has weakened due to the omicron variant, and whether the market views bad news for the economy as good news for the market.    "As these begin to weaken and soften, will markets be relieved because it will relieve some of their concerns about the Fed tightening too aggressively?" asked one strategist. Patti Domm | CNBC Markets Editor @pattidomm THE WEEK AHEAD Big swings in the market are more normal than investors might expect, but things could get worse   MICHAEL SANTOLI'S MARKET COLUMN Stock market action fits the profile of a proper correction process noisily running its course ACTIVIST SPOTLIGHT Pharma company Amarin has a key asset and a big decision. How Sarissa Capital can help it move forward   YOUR WEEKEND BRIEFING  White House warns that January's omicron spike could weigh on next week's jobs data Some of the biggest names in investing see inflation as a real threat to markets The latest Covid variant is 1.5 times more contagious than omicron and already circulating in almost half of U.S. states Cramer's week ahead: Have your buy list ready for any 'hideous moments' Analysts are raving about these 'incredibly attractive' stocks ahead of earnings S&P 500 heads for one of the worst Januarys on record. What it means for the rest of the year     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2022 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS